Big Government / Andrew Syrios

Bernie Sanders and other advocates for more taxes like to note that income tax rates hit 90 percent in the 1950s. What they leave out is that few ever paid such rates and total tax revenues were about the same then as today.

In the United States, both major parties are very fond of using the power of government to prohibit voluntary transactions among consenting adults. They merely disagree on which things to ban under pain of arrest and imprisonment.

Believing his record on economic predictions to be impeccable, Paul Krugman has declared himself "Krugtron the Invincible." Unfortunately for him, a closer look at this record leaves quite a bit to be desired when it comes to accurately predicting the future.

In recent years, some economists, contrary to long-established and widely-accepted economic theory, have been claiming that increases in the minimum wage do not increase unemployment. But both logic and the data say otherwise, writes Andrew Syrios. This audio Mises Daily is narrated by Robert Hale.

In recent years, some economists, contrary to long-established and widely-accepted economic theory, have been claiming that increases in the minimum wage do not increase unemployment. But both logic and the data say otherwise.

Confronted with something new and inventive, the left reacts with fear and condemnation, opposing Uber, the sharing economy behind it, and the benefits they bring to low-income entrepreneurs everywhere.